Monday, September 9, 2013

Snack making surges in Grand Rapids, Mich.

B&G puts focus on natural snacks | Flowers CEO sees opportunities beyond wholesale | Pinnacle's approach: Acquisition, then innovation
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September 9, 2013
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B&G puts focus on natural snacks
B&G Foods, which this year acquired the True North and Pirate's Booty brands, expects strong growth in natural snacks, said Bob Cantwell, executive vice president. He described the gluten-free True North brand as a "diamond in the rough," and said Pirate's Booty has been growing about 20% a year, and offers opportunities to expand outside its current product line. FoodNavigator (9/6), FoodBusinessNews.net (free registration) (9/6)
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A "Cents"-ible Breakfast
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TrendsSponsored By
Amid changes, demand for good taste is a constant
Despite changes in demographics and growing interest in healthful fare, taste is still the top reason consumers choose a food. "Compromising on taste not only decreases the chances of a product's success, but it puts undue pressure on all the other marketing variables to pick up for an average product. In many cases it leads to a lower price in order to get people to buy the product," writes John Stanton, contributing editor at Food Processing. Food Processing (9/6)
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Snack making surges in Grand Rapids, Mich.
Grand Rapids, Mich., is becoming a destination for snack-makers, as area manufacturers Hearthside Food Solutions, Roskam Baking and Kerry create products for General Mills, Hershey, Kellogg, Quaker Oats and Frito-Lay. Reasons include easy access to grain and other commodities and a downturn in the automotive industry, which has left qualified workers looking for jobs. Crain's Detroit Business (9/8)
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Drinks sales up at convenience stores
Sales of beverages at convenience stores were 4% higher this Labor Day weekend compared to 2012. "As we approach the final month of [the third quarter], we are encouraged that beverage trends are picking up and by this early sign of improvement," said Bonnie Herzog, managing director of tobacco, beverage and consumer research at Wells Fargo Securities. Convenience Store News (9/6)
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Budweiser to stay the king at Wrigley Field
Budweiser is continuing its branding dominance at the Chicago Cubs' Wrigley Field with a new 650-square-foot sign as part of a new sponsorship deal. Bud will be the "exclusive" official beer of the stadium in the deal, which is an extension of a sponsorship agreement that's spanned three decades. A separate deal calls for Bud signs in the plaza and hotel space that will be built near the stadium. Advertising Age (tiered subscription model) (9/6)
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Retail Spotlight
Ralphs uses technology to improve checkout wait time
Ralphs is installing technology to reduce checkout wait time. QueVision uses infrared cameras to track body heat to determine the number of people in a store. Based on the result, workers are deployed to cash registers. QueVision has reduced Ralphs' wait time from the national average of 4 minutes to about 30 seconds, a spokeswoman says. Los Angeles Times (tiered subscription model) (9/8)
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Hot Topics
Health & Wellness
Vitamin K is popular addition to new functional products
According to Mintel, product launches with Vitamin K rose 183% between 2008 and 2012, with 76% of launches in the category of vitamins and dietary supplements. "While vitamin K2 has been traditionally associated with cardiovascular and bone health, its role could extend beyond these features with its growing list of health benefits such as a role in sports nutrition and possibly in the prevention of cancer," said Laura Jones, a food science analyst at Mintel. GroceryHeadquarters.com (9/6)
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GMA News
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Government & Food Safety
Committee authorizes Smithfield takeover by Shuanghui
The U.S. Committee on Foreign Investment has approved the $4.7 billion merger of pork giant Smithfield Foods and China's Shuanghui International Holdings. Smithfield must obtain approval from shareholders before finalizing the deal, which would be the largest of its kind between a Chinese and a U.S. company. The New York Times (tiered subscription model)/DealBook blog (9/6), USA Today (9/6), Politico (Washington, D.C.) (9/6), The Wall Street Journal (tiered subscription model) (9/6)
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Who's Hiring?
Position TitleCompany NameLocation
Manager, Nutrition & RegulatoryKraft FoodsMadison, WI
Director, Regulatory AffairsDairy Management Inc.Rosemont, IL
Analyst, Health and Nutrition PolicyGrocery Manufacturers AssociationWashington, DC
Assistant, Government AffairsGrocery Manufacturers Association (GMA)Washington, DC
Manager, Nutrition & RegulatoryKraft FoodsUS - WI - Madison
Click here to view more job listings.
 
SmartQuote
There is no greater loan than a sympathetic ear."
-- Frank Tyger,
American cartoonist, columnist and humorist
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